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| Subject: There's one problem with investigating and impeaching bush for his many high crimes - where do you start? n/t | |
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Author: jw |
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Date Posted: 10:56:54 03/12/07 Mon In reply to: Bev 's message, "privatization scandal emerging on walter reed and rep connections" on 17:04:29 03/09/07 Fri > I got this from another board its long it also >explains the connection haliburton has to the com >running walter reed facility . > this is just the first half this forum would not take >the whole post . > >Lrger CIA and DoD Privatization Scandal Emerging from >Walter Reed Story and US Attorney Firing > Top GOP Figures Profited from Privatization of VA >Hospital, CIA Contracting > >A large global hedge fund, Cerberus Capital Management >(dba, Cerberus-Gabriel), is at the center of an >emerging Pentagon and CIA contracting scandal that has >the attention of three Congressional Committees. > >This scandal involves the mismanagement of VA hospital >facilities privatized during the Bush-Cheney >Administration, as well as intelligence abuses by >private CIA contractors with financial ties to major >GOP leaders and institutions.. > >In each case, the companies under investigation have >links to prominent GOP figures, including Vice >President Dick Cheney, former Vice President Dan >Quayle, former Defense Secretary Donald Rumsfeld, and >several Republican Congressmen indicted for corruption >involving kickbacks from defense contractors. The >Republican Congressional Campaign Commitee (RCC) has >also received substantial contributions from >conservative fund managers running Cerberus, a >virually unregulated $30 billion hedge fund, which >owns the second largest bank in Israel. > >The Cerberus scandal involves its holding, >International American Products (IAP) Worldwide >Services, awarded a $120 million contract to manage >facilities at Walter Reed, is only the latest in a >long line. IAP’s President, Alfred V. Neffgen, was >formerly Chief Operating Officer for KBR's government >operations group, which was forced to repay tens of >millions of dollars to the Defense Department for food >and fuel overcharges in Iraq. IAP has other >contracting connections with Dick Cheney’s >Halliburton/KBR. Most recently, IAP bid on part of the >Iraq oil reconstruction project as a partner with >Halliburton KBR. The Army Times reports about >Halliburton tie-in: >href="http://www.armytimes.com/news/2007/03/Weightmansu >bpoena">http://www.armytimes.com/news/2007/03/Weightman >subpoena / > > >Walter Reed also awarded a five-year, $120-million >contract to IAP Worldwide Services, which is run by Al >Neffgen, a former senior Halliburton official. > >They also found that more than 300 federal employees >providing facilities management services at Walter >Reed had drooped to fewer than 60 by Feb. 3, 2007, the >day before IAP took over facilities management. IAP >replaced the remaining 60 employees with only 50 >private workers. > >“The conditions that have been described at Walter >Reed are disgraceful,” the letter states. “Part of our >mission on the Oversight Committee is to investigate >what led to the breakdown in services. It would be >reprehensible if the deplorable conditions were caused >or aggravated by an ideological commitment to >privatize government services regardless of the costs >to taxpayers and the consequences for wounded >soldiers.” > >The letter said the Defense Department “systemically” >tried to replace federal workers at Walter Reed with >private companies for facilities management, patient >care and guard duty – a process that began in 2000. > > >IAP Connected With Halliburton > >Cerberus owns, or had a major interest in, a string of >now-bankrupt companies that had contracts with U.S. >defense and intelligence agencies that were found to >have a common pattern of large-scale fraud, security >problems, and financial scandals involving GOP >lawmakers and lobbyists. > >IAP also has a corporate tie-in with Halliburton-KBR >on multi-billion dollar Iraq contracts. Halliburton is >a major defense contractor once headed by Vice >President Cheney, that has had its own history of >problems with fraud and overcharges related to its >management of sole-source projects in Iraq, >particularly the multi-billion dollar LOGCAP contract >to repair and maintain Iraq’s oil fields and >pipelines. Just months before the invasion, DoD >designated Halliburton/KBR as the sole potential >bidder for potential large-scale pipeline repair >contracts. Four years after the initial invasion and >occupation of those fields, Iraq is still not >producing at its prewar levels, a threshold that would >require termination of the LOGCAP contract. > >IAP Worldwide Services President Dave Swindle, as >Democratic Underground (DU) contributor >“CorpGovtActivist” points out, is a former >Halliburton/KBR employee. >target=_blank >href="http://www.democraticunderground.com/discuss/dubo >ard.ph...">http://www.democraticunderground.com/discuss >/duboard.ph... > > >Just before the mid-term elections, bids were due for >LOGCAP IV, with multiple awards anticipated (see the >synopsis): >href="http://www.fbo.gov/servlet/Solicitation/R/USA/USA >MC/DAA">http://www.fbo.gov/servlet/Solicitation/R/USA/U >SAMC/DAA ... > >On October 16, 2006, IAP Worldwide Services issued >this press release: "IAP Worldwide Services, Inc. Team >Submits Bid For LOGCAP IV Contract," which included >this quote from former Halliburton/KBR executive Dave >Swindle: > >“The LOGCAP IV contract is a major challenge,” said >Dave Swindle, IAP President. “Supporting the >warfighter and the Army is a responsibility that >allows no compromise. IAP and its team members >understand the magnitude of this program and the >issues associated with its complexity. We place a high >priority on using our proven Business Operating System >(BOS) to provide effective oversight and tracking to >responsibly meet the customer’s needs from Day One. >Through BOS we will act as one team through a >management and business system that is completely >transparent to the customer.” > > >href="http://www.iapws.com/Newsroom/Newsroom_details.as >px?id=">http://www.iapws.com/Newsroom/Newsroom_details. >aspx?id= ... > >I worked for Dave Swindle at Halliburton/KBR's offices >in Arlington, Virginia. As I said in posts here this >past fall, "if there's a Swindle involved, there's a >swindle involved." > > >href="http://www.google.com/search?as_q=swindle+corpgov >activi">http://www.google.com/search?as_q=swindle+corpg >ovactivi ... > >Today's hearing at Walter Reed focused on IAP's shoddy >work as the privatized contractor there: >href="http://oversight.house.gov/story.asp?ID=1195">htt >p://oversight.house.gov/story.asp?ID=1195 (see, in >particular, the letter to General Weightman about IAP) > >On February 16, 2007, the US Army Sustainment Command >published the first Award Notice for LOGCAP IV: >href="http://www.fbo.gov/spg/USA/USAMC/DAAA09/Awards/W5 >2P1J-0">http://www.fbo.gov/spg/USA/USAMC/DAAA09/Awards/ >W52P1J-0 ... > > >*** > >Cerberus a Major Stockholder in Bankrupt MCI, which >had mismanaged an $8.8 DoD Project to Create Secure >telecom systems for the U.S. Navy and Marine Corps > > > >By Matt Kelley >USA TODAY The fundraiser, which took place July 7, >2003, and the subsequent vote illustrate the kind of >relationship between congressman and contributor >that's under increased scrutiny in the nation's >capital. > >~snip~ > >Both Lewis and the investment company, Cerberus >Capital Management, benefited from the relationship. >Eighteen months after the fundraiser and the House >vote, Lewis won the chairmanship of the Appropriations >Committee. He acknowledges that the fundraising >efforts of Cerberus “played a very significant role” >in winning the post. The ties between Cerberus and >Lewis, a 14-term congressman from Redlands, Calif., >have not been publicly examined before. > >~snip~ > >Created in 1992, Cerberus is a hedge fund, a type of >private investment group that's not regulated by the >Securities and Exchange Commission. ... > >~snip~ > >In 2003, Cerberus owned more than $140 million in >stock and bonds of the bankrupt telecommunications >giant WorldCom, financial records show. Its stake in >the company, which had filed for bankruptcy protection >the previous year, was large enough that a Cerberus >executive joined the board of directors of MCI, the >company's post-bankruptcy name. ... MCI has been a >major subcontractor since 2000 on an $8.8 billion >project to build a secure computer network for the >Navy and Marines. ...The committee report noted the >program's cost overruns, schedule delays and >management foul-ups in its report accompanying the >2003 defense spending bill, also sponsored by Lewis. >That report called for more and better testing of the >program before more computers were added to the >network. > >Lewis himself had criticized the Navy-Marine computer >project in October 2002, telling The Washington Post >he was not satisfied with its progress. He also said >he was concerned about MCI's involvement. “When you >have a big piece of the pie in trouble, it just gums >up a process that already has great difficulty,” he >said. ... Other members of Congress were pushing the >federal government to ban MCI from any future >contracts because of the $11 billion accounting >scandal, which eventually landed former WorldCom CEO >Bernie Ebbers a 25-year prison term. MCI now has about >$2 billion in annual revenue from government >contracts, and the Navy project remains one of its >biggest. > >On May 16, 2003, the House Armed Services Committee >voted to cut 10% of the Navy project's $1.6 billion >budget for the upcoming year. Federal lobbying records >show that two months earlier, Cerberus hired its first >lobbyist, the powerhouse firm Patton Boggs. ... The >firm's lobbyists for Cerberus included Laurence >Harris, a former FCC staffer who would join MCI's >board of directors that August; retired Marine colonel >John Garrett; and Marcus Dunn, a former aide to two >members of the House Armed Services Committee. >...Cerberus paid Patton Boggs $1.1 million for >lobbying from 2003 to the middle of 2005, the last >date that records are available. Separately, Cerberus >hired former senator Jake Garn, a Utah Republican, as >a lobbyist for $410,000 over the same period, lobbying >records show. > >~snip~ > > > >href="http://cache.zoominfo.com/cachedpage/?archive_id= >0&page">http://cache.zoominfo.com/cachedpage/?archive_i >d=0&page ... > >*** > >Cerberis donated $100,000 at a single fundraiser to >Rep. Jerry Lewis, fmr. Chair of the House >Appropriations Comm., who served as intermediary to >distribute money to fellow GOP lawmakers favored by >Cerberus > > >href="http://www.usatoday.com/news/washington/2006-01-1 >9-cerb...">http://www.usatoday.com/news/washington/2006 >-01-19-cerb... > > >Lewis' Future Leaders PAC gave $407,000 to 69 House >candidates in the 2004 election. The Cerberus-related >money was equal to nearly a third of that amount. In >2003, the PAC collected $522,725 — a quarter of it >connected to Cerberus. >Boustany's 2004 campaign got $15,000 in contributions >from Lewis' Future Leaders PAC in three separate >$5,000 contributions, according to Federal Election >Commission records. Lewis also kicked in another >$2,000 from his own campaign in two separate >contributions to Boustany's 2004 campaign. Boustany >picked up another $5,000 from Future Leaders PAC in >the current election cycle. > >But, Boustany also benefited from the Lewis/Cerberus >relationship in another way: >Lewis also got Cerberus to help with his fundraising >for the National Republican Congressional Committee, >the arm of the GOP that gives money to House >candidates. Lewis said he invited Cerberus executives >to an April 2004 NRCC fundraiser he chaired that >included a speech by President Bush. > >The NRCC got $70,000 in Cerberus-related donations >during the first two weeks of April 2004, including >$25,000 from Cerberus founder Stephen Feinberg, >records show. "I had been doing this for over a dozen >years, helping to raise money for our members," Lewis >said. "Others (candidates for Appropriations chairman) >began to be helpful with fundraising, but that had >been a recent and newfound interest of theirs." > >Federal Election Commission records show that the >National Republican Congressional Committee spent >$72,620 in coordinated spending on Boustany's 2004 >campaign and another $96,593 on independent >expenditures on behalf of Boustany's campaign. Now, of >course, the national parties raised millions of >dollars for congressional races, so Boustany's share >of that Cerberus/Lewis effort might well have been >small through this particular channel. In any event, >it was no where near as large as Cerberus's impact on >Future Leaders PAC dollars. >Wilkes employed a lobbyist named Bill Lowery who is >unusually close with House Appropriations Committee >Chairman Rep. Jerry Lewis. Copley News Service >conducted a three month investigation of their >relationship: >From powerful positions on the House Appropriations >Committee, California Rep. Jerry Lewis has >greenlighted hundreds of millions of dollars in >federal projects for clients of one of his closest >friends, lobbyist and former state Congressman Bill >Lowery. >Meanwhile, Lowery, the partners at his firm and their >clients have donated 37 percent of the $1.3 million >that Lewis’ political action committee received in the >past six years…The Lewis-Lowery relationship, however, >is remarkable for the closeness and mutual >dependence…They’ve even exchanged two key staff >members, making their offices so intermingled that >they seem to be extensions of each other. > > >Serberus founder Stephen Feinberg is reported to have >made particularly substantial donor to Republican >organizations, with a 2004 contribution of $25,000 to >the RCCC. Feinberg also contributed $2000 to the >Senate campaign that year of Connecticut Senator >Joseph Liberman. >href="http://209.85.165.104/search?q=cache:mH1tG596Ln8J >:www.f...">http://209.85.165.104/search?q=cache:mH1tG59 >6Ln8J:www.f... > > > >href="http://thehill.com/thehill/export/TheHill/News/Fr >ontpag...">http://thehill.com/thehill/export/TheHill/Ne >ws/Frontpag... > >In a plea agreement with prosecutors, Cunningham named >four people who had conspired with him to commit the >crimes. Although the plea agreement does not refer to >the co-conspirators by name, they are widely believed >to be Mitchell Wade, the former president of defense >intelligence firm MZM Inc., Brent Wilkes, president of >defense contractor ADCS Inc., Tom Kontogiannis, a New >York real-estate developer, and an unnamed family >member of Kontogiannis. > >Wade and Wilkes gave heavily to congressional >Republicans in recent years, and now lawmakers must >decide whether to keep the campaign largesse. > >Wade, Wilkes, Kontogiannis and others remain under >investigation, according to a statement made by the >lead federal prosecutor in the case, U.S. Attorney >Carol Lam. >Congressional ethics experts predict that one or more >of the co-conspirators would be charged, especially >because Cunningham has agreed to continue to cooperate >with the investigation. > >“Given that they were both described as >co-conspirators in the plea agreement and that the >agreement calls for former Rep. Cunningham to >cooperate in the investigation, it’s very likely that >both Mitchell Wade and Brent Wilkes will be indicted,” >said Brett Kappel, an ethics lawyer at Vorys, Sater, >Seymour and Pease LLP. > >Sen. Jim Talent (R-Mo.) has returned money from >lobbyist Jack Abramoff, the center of another >congressional ethics scandal, while Republican Reps. >Jeb Bradley (N.H.), Kenny Hulshof (Mo.), Heather >Wilson (N.M.) and Steve LaTourette (Ohio) gave back >contributions from DeLay after he was indicted in >September. >Republican Reps. Tom DeLay (Texas), John Doolittle >(Calif.) and Jerry Lewis (Calif.) all received at >least $30,000 in donations — either through their >campaign committee or their leadership PACs — from >Wade, Wilkes, their family members and their >companies’ PACs over the past four years. These totals >do not include individual contributions from employees >of these firms. Early this year, Lewis became the >chairman of the powerful House Appropriations >Committee. Before that, he headed the defense >appropriations subcommittee. Because of these >high-profile roles, Lewis often receives more >donations than most House members. Doolittle also sits >on the Appropriations Committee. > >But Cunningham, who was simply a member of the defense >appropriations subcommittee, received the most — at >least $66,000 during the same period. >Rep. Duncan Hunter (R-Calif.), chairman of the Armed >Services Committee, received just over $28,000, as did >Rep. Virgil Goode (R-Va.). Rep. Jerry Weller (R-Ill.) >was the recipient of $20,000. > >Wilkes is a prominent Bush fundraiser, earning a >designation as a “Bush pioneer” in 2004 for raising >more than $100,000. If Wilkes is indicted, he will be >the third Bush pioneer, after Abramoff and Ohio >fundraiser Tom Noe, to be indicted this year. > >Wade resigned from MZM earlier this year. The company >was sold to a private equity firm in August. > > >Senate Judiciary Committee Goes Into Closed Hearings >to Discuss Firing of U.S. Attorney Who Prosecuted CIA >Contractor Case > >On Tuesday, Judiciary Committee member Arlen Specter >revealed publicly that the committee he used to Chair >would be going behind closed doors to discuss >still-classified details about the retaliatory firing >of U.S. Attorney Caroline Lam, who had aggressively >prosecuted the MZM Wade-Cunningham contracting case. >(Source C-Span Radio, 03/05/2007, @ 7:20 pm). > >According to Specter, the Senate Judiciary Committee >went into closed session to talk about an ongoing TOP >SECRET investigation that stems from the Cunningham >case. Three Hill Committees reached an agreement with >the Department of Justice to receive files compiled by >the U.S. Attorney’s office in San Diego, and are just >beginning to hold public hearings into the unlawful >dismissal of Lam. (See, generally, >target=_blank >href="http://thehill.com/leading-the-news/emanuel-tangl >es-wit">http://thehill.com/leading-the-news/emanuel-tan >gles-wit ... ; >href="http://www.signonsandiego.com/news/metro/20070112 >-9999">http://www.signonsandiego.com/news/metro/2007011 >2-9999 -... ; >href="http://www.scoop.co.nz/stories/HL0605/S00125.htm" >>http://www.scoop.co.nz/stories/HL0605/S00125.htm > >These closed hearings are most likely related to >contracts that MZM had with CIA, including one that >led to the falsification of data about aluminum tubes >shipped to Iraq that allegedly were going to be used >to reconstitute Saddam's nuclear program. That's >right, those aluminum tubes, the one's that were >falsely used by White House and Vice President to >justify the invasion of Iraq. > >*** > >On background, it should be noted that Laura Rozen's >WAR&PIECE column of December 11, 2005, "Wade, Wilkes >and Bad Intelligence?" identified Mitchell Wade's MZM >defense contracting firm as a culprit in faulty >intelligence generation that led to the Iraq invasion. >See, >href="http://www.warandpiece.com/blogdirs/003244.html"> >http://www.warandpiece.com/blogdirs/003244.html >A source cited by Rozen identified MZM as the private >contractor cited for support of an errant CIA Iraq WMD >assessment used to justify the Bush Administration's >argument for war. An MZM analysis erroneously >concluded that aluminum tubes ordered by Saddam >Hussein were intended for use in a clandestine nuclear >fuel enrichment program that didn't exist. Rosen came >up with the extraordinary finding that consultants >working for MZM and other intelligence contractors >staffed the Robb-Silberman Commission that >investigated the faulty Iraq WMD findings. > >*** > >During testimony in the Scooter Libby trial, we >learned that Valerie Plame was involved in the >aluminum tube issue within the CIA’s >Counter-Proliferation Division (CPD), where she worked >before being “outed” by Libby and others in the White >House and Vice President’s office. > > >Dan Quayle is chair of new Leumi owner Cerberus-Gabriel > > >www.haaretzdaily.com/hasen/pages/ShArt.jhtml?itemNo=645 >... >Dan Quayle is chair of new Leumi owner Cerberus-Gabriel >Ha’aretz 11/16/2005 > >Cerberus is chaired by former U.S. vice president Dan >Quayle. — The Cerberus-Gabriel group was led by >Gabriel president J. Ezra Merkin, assisted by CPA Avi >Berger, the general manager of the Kesselman & >Kesselman accounting firm, and attorney Yaakov >Ne’eman. Stephen Feinberg, 45, a Jew from New York and >the wunderkind of the hedge funds world who, within 20 >years, turned a $10 million fund into a holding >company whose companies have combined sales of $30 >billion a year, is the founder and manager of Cerberus >Global Investment. > >www.globes.co.il/serveen/globes/DocView.asp?did=1000029 >... > >Experts: Ultimate owners of Leumi unclear >Globes 11/16/2005 >Banking sources: US investor disclosure regulations >will cause Cerberus-Gabriel problems.— Ministry of >Finance officials have declared a great victory in the >Bank Leumi (TASE: LUMI) tender, but banking >specialists are not so enthusiastic. They say that the >victory wasn’t so great: the buyers (Cerberus Capital >Management LP and Gabriel Capital Management) are too >anonymous, their business isn’t transparent enough, >and, most of all, the saga is far from over…these >owners have specific problems in connection with >operating a bank in the US, and they are looking for >indirect ways to operate there, perhaps without a >banking license. > > >(Can't get that top link to work yet -- Globe link >requires registration and installation of their >software. Found these links from: >target=_blank >href="http://72.14.253.104/search?q=cache:0b_1KEnb01UJ: >www.wi">http://72.14.253.104/search?q=cache:0b_1KEnb01U >J:www.wi ... ) > > > >DONALD RUMSFELD - CERBERUS INVESTOR > >During the tenure of former Secretary of Defense >Donald Rumsfeld, the Pentagon awarded a large contract >to the company at the center of the Walter Reed Army >Hospital scandal. Rumsfeld may have financially >benefited from it along with other major GOP figures, >including former Vice President Dan Quaile, and former >Treasury Secretary Snow, who also invested in or are >employed by, or received campaign contributions from >the same Wall Street hedge fund that owns the company. > >In his last financial disclosure before becoming >Defense Secretary, Rumsfeld revealed that he held >shares in Cerberus, a large NY Hedge Fund that >acquired International American Products, Inc. >Worldwide Services. >href="http://www.businessweek.com/magazine/content/05_4 >0/b395...">http://www.businessweek.com/magazine/content >/05_40/b395... > > >Former Treasury Secretary John W. Snow is chairman of >the New York hedge fund that owns IAP > >DU Contributor, “Emit”, also played a significant role >in researching and compiling this information about >Cerberus-IAP. Some of his research is found at this DU >subthread - >href="http://www.democraticunderground.com/discuss/dubo >ard.ph...">http://www.democraticunderground.com/discuss >/duboard.ph... > >Emit writes: > > >Recall John Snow >href="http://www.buzzflash.com/analysis/06/02/ana06011. >html">http://www.buzzflash.com/analysis/06/02/ana06011. >html from the Dubai Ports World deal? > >I didn't notice Snow's name in the "Leadership" or >"Board" links at IAP's website, but this is an >interesting explanation: > >Mr. Snow's Cerberus Capital Management LP owns Cape >Canaveral, Fla.-based IAP, which is led by former >executives from Halliburton's engineering, services >and construction subsidiary KBR (formerly Kellogg, >Brown & Root). KBR is currently the Army's sole >contractor for providing food and shelter to the >military in Iraq and Afghanistan. But the Army now >wants multiple contractors for these services and KBR >is bidding again. Some defense analysts are predicting >both KBR and IAP, which is run by former KBR >executives, will each win one of the 10-year deals >that start in 2007. > > > > >href="http://www.politicalfriendster.com/rateConnection >.php?i">http://www.politicalfriendster.com/rateConnecti >on.php?i ... > >More: >~snip~ > >Cerberus has been shopping up a storm for a year now, >seemingly coming out of nowhere to build a corporate >empire. With more than $16 billion of investors' >assets on its books -- almost double what it had in >2003 -- it has bought 28 companies and snapped up >stakes of at least 15% in an additional 15 over the >past decade. According to BusinessWeek estimates, >Cerberus controls companies that ring up at least a >combined $30 billion in annual sales, more than >McDonald's, 3M (AXP ), Coca-Cola (KO ), or Cisco >Systems (CSCO ). With more than 106,000 employees, >Cerberus companies have a bigger payroll than Exxon >Mobil Corp. (XOM ). Its trophies include 226 Burger >King restaurants, the National and Alamo car-rental >chains, building-products maker Formica Corp., and the >old Warner Hollywood Studios, where blockbusters such >as Basic Instinct were made. Its companies connect >BlackBerrys, provide medical therapy, and set up >military-base camps in Iraq. > >PICKUP TRUCKS AND BUD >The mind-boggling rise of Cerberus -- from a fringe >vulture fund started with a grubstake of about $10 >million in 1992 to a Wall Street powerhouse -- has >been driven by its enigmatic boss, Stephen A. >Feinberg, 45. Like other hedge-fund managers and >buyout kings, Feinberg has a penchant for secrecy, >although his is more developed than most. While >co-founder William L. Richter deals with investors, >and lieutenants such as former Vice-President Dan >Quayle jet around the globe to seal deals, the >mustached Feinberg keeps very much to himself in a >nondescript office on the 22nd floor of a high-rise on >Manhattan's Park Avenue. >~snip~ > > >href="http://www.businessweek.com/magazine/content/05_4 >0/b395">http://www.businessweek.com/magazine/content/05 >_40/b395 ... > > >Created in 1992, Cerberus is a hedge fund, a type of >private investment group that's not regulated by the >Securities and Exchange Commission. It's named after >the mythical, three-headed dog guarding the gates of >Hades. > >Often called a "vulture fund," Cerberus invests mainly >in companies in or on the verge of bankruptcy, buying >those firms' bonds in the hopes of converting them >into cash or stock in a revived company. In 2000, the >company hired former vice president Dan Quayle as a >top executive. > >In 2003, Cerberus owned more than $140 million in >stock and bonds of the bankrupt telecommunications >giant WorldCom, financial records show. Its stake in >the company, which had filed for bankruptcy protection >the previous year, was large enough that a Cerberus >executive joined the board of directors of MCI, the >company's post-bankruptcy name. >~snip~ > > >href="http://www.usatoday.com/news/washington/2006-01-1 >9-cerb">http://www.usatoday.com/news/washington/2006-01 >-19-cerb ... > >Small firm targets Halliburton contracts >November 4, 2006 > > >ASSOCIATED PRESS >A small defense contractor now controlled by former >Bush Treasury Secretary John W. Snow is taking on >Halliburton Co. by bidding for one of three Army >contracts worth up to $50 billion each to provide food >and shelter to U.S. troops in Iraq and Afghanistan. >Within days of Mr. Snow becoming chairman of the New >York hedge fund that owns IAP Worldwide Services Inc., >the company submitted its bid for huge Army contracts >that will be awarded by year-end. >Mr. Snow's Cerberus Capital Management LP owns Cape >Canaveral, Fla.-based IAP, which is led by former >executives from Halliburton's engineering, services >and construction subsidiary KBR (formerly Kellogg, >Brown & Root). >KBR is currently the Army's sole contractor for >providing food and shelter to the military in Iraq and >Afghanistan. But the Army now wants multiple >contractors for these services and KBR is bidding >again. Some defense analysts are predicting both KBR >and IAP, which is run by former KBR executives, will >each win one of the 10-year deals that start in 2007. >IAP Chief Executive Officer Al Neffgen, who joined the >company in December 2004, served as KBR's chief >operating officer of government and infrastructure for >the Americas, while President Dave Swindle was vice >president of KBR's business acquisition and national >security programs before joining IAP in April 2005. >Chuck Dominy, a retired Army lieutenant general, >joined IAP in July 2005 after serving for years as >Halliburton's chief lobbyist in Washington. >IAP was founded in 1990 by a former Army logistician >as the United States was preparing for "Operation >Desert Storm," and now has 5,500 employees. Cerberus >became majority owner in May 2004. ~snip~ > >href="http://www.kuwaittimes.net/Navariednews.asp?dismo >de=art">http://www.kuwaittimes.net/Navariednews.asp?dis >mode=art ... 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